The White House has unveiled a detailed 168-page report providing recommendations for the regulation of digital assets, including stablecoins and a proposed crypto stockpile. This report, stemming from an executive order by President Trump, aims to create a regulatory framework that acknowledges the potential of blockchain technologies to transform financial systems.
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President Donald Trump signed the GENIUS Act into law, establishing the first major regulatory framework for stablecoins in the U.S. The bipartisan support for the legislation signals a significant shift in the crypto industry's relationship with Washington, aiming to set clear rules for stablecoin issuers and pave the way for broader crypto regulation.